PRCX (Phoenix Rising Co) Days Payable: 147.00 (As of Sep. 2022)


PRCX Phoenix Rising Co PRCX
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What is Phoenix Rising Co Days Payable?

Phoenix Rising Co PRCX -99.00% 12 Days Payable is 147.00 as of Sep. 2022. GuruFocus rates PRCX with a GF Score™ of 12/100.

Phoenix Rising Co's average Accounts Payable for the three months ended in Sep. 2022 was $6.87 Mil. Phoenix Rising Co's Cost of Goods Sold for the three months ended in Sep. 2022 was $4.26 Mil. Hence, Phoenix Rising Co's Days Payable for the three months ended in Sep. 2022 was 147.00.

The historical rank and industry rank for Phoenix Rising Co's Days Payable or its related term are showing as below:

PRCX's Days Payable is not ranked *
in the Asset Management industry.
Industry Median: 72.22
* Ranked among companies with meaningful Days Payable only.

Phoenix Rising Co's Days Payable declined from Sep. 2021 (274.09) to Sep. 2022 (147.00). It may suggest that Phoenix Rising Co accelerated paying its suppliers.

Phoenix Rising Co Days Payable Historical Data

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The historical data trend for Phoenix Rising Co's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Phoenix Rising Co Days Payable Chart

Phoenix Rising Co Annual Data
Trend Jan13 Jan14 Jan15 Jan16 Jan17 Jan18 Dec19 Dec20 Dec21
Days Payable
Get a 7-Day Free Trial Premium Member Only 12.84 9.89 16.73 47.85 147.11

Phoenix Rising Co Quarterly Data
Oct17 Jan18 Apr18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 274.09 405.81 94.99 205.50 147.00

PRCX vs FOMC, GLAE, FXBY: Days Payable Comparison

For the Asset Management subindustry, Phoenix Rising Co's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Phoenix Rising Co Days Payable vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Phoenix Rising Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Phoenix Rising Co's Days Payable falls into.


PRCX
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Phoenix Rising Co PRCX
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Phoenix Rising Co Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Phoenix Rising Co's Days Payable for the fiscal year that ended in Dec. 2021 is calculated as

Days Payable (A: Dec. 2021 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2020 ) + Accounts Payable (A: Dec. 2021 )) / count ) / Cost of Goods Sold (A: Dec. 2021 )*Days in Period
=( (2.282 + 8.49) / 2 ) / 13.363*365
=5.386 / 13.363*365
=147.11

Phoenix Rising Co's Days Payable for the quarter that ended in Sep. 2022 is calculated as:

Days Payable (Q: Sep. 2022 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2022 ) + Accounts Payable (Q: Sep. 2022 )) / count ) / Cost of Goods Sold (Q: Sep. 2022 )*Days in Period
=( (7.052 + 6.68) / 2 ) / 4.262*365 / 4
=6.866 / 4.262*365 / 4
=147.00

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 147.00 mean?
Phoenix Rising Co (PRCX) has a Days Payable of 147.00 as of Sep. 2022. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Phoenix Rising Co and its competitors.
Is Phoenix Rising Co's Days Payable too high?
Phoenix Rising Co's current Days Payable is 147.00. The Asset Management industry median Days Payable is 72.22. Phoenix Rising Co's value of 147.00 is 103.5% above this industry median. Overall, Phoenix Rising Co has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Phoenix Rising Co's Days Payable compare to FOMC and GLAE?
Phoenix Rising Co's Days Payable of 147.00 can be compared against companies in the Asset Management industry. The industry median Days Payable is 72.22. Phoenix Rising Co's value of 147.00 is 103.5% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for an Asset Management company?
The median Days Payable among Asset Management companies is 72.22, based on 483 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Phoenix Rising Co's current Days Payable of 147.00 is 103.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Phoenix Rising Co and its competitors. For the Asset Management industry, the median Days Payable is 72.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Phoenix Rising Co's current Days Payable is 147.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Phoenix Rising Co stock overvalued right now?
Phoenix Rising Co (PRCX) has a current Days Payable of 147.00. The current Days Payable is 147.00 and 103.5% above the Asset Management industry median of 72.22. Phoenix Rising Co's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Phoenix Rising Co (PRCX), the current Days Payable is 147.00 as of Sep. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Phoenix Rising Co Business Description

Address 641 10th Street, Cedartown, GA, USA, 30125
Phoenix Rising Co makes investments and acquisitions into sound, transparent markets and industries throughout the world. The company is principally engaged in the trading of oil, gas and lubricant,.
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